TOTW: The Fallacy Of Free Lunch 

By Deputy Editor, Ekanshi Makheja  With elections around the corner, I believe it is important for people to understand the concept of ‘no free lunch’. It describes the cost of decision making and consumption; it implies someone somewhere has to pay the cost of goods and services being consumed. A free lunch refers to a [...]

Ageing Populations

Challenges and Opportunities By Urvika Mehra, Junior Editor We are at a juncture today where for the first time in modern history, the world’s population is expected to stop growing by the end of this century. Contrary to predictions made by some observers just five decades ago, the world has not faced a doomsday overpopulation [...]

Dispelling Myths: Understanding the Ground Reality of Migration

By Jasveen Kaur, Junior Editor Migration has been an integral part of human history, dating back to nearly two million years ago when the first human ancestor ventured out of Africa in pursuit of new opportunities and lands. Presently, there is a greater number of individuals living in countries other than their country of birth [...]

Economy, Power and Politics

( By Rama Vivek Gulavani, Junior Editor ) The year was 1919, when the Palace of Versailles stood on the outskirts of Paris, waiting to create global history. The marble walls of the hall of mirrors had the presence of 27 delegations representing 32 powers. The four representatives of the principal allied powers—France, the USA, [...]

The India-Middle East-Europe Economic Corridor: Prospect and Developmental Impact 

By: M. Tharuni, Deputy Editor, Arthashastra and Raunaq Bawa, Writer, AUES Source: The Hindu Business Line This is the final article in the trilogy of collaborative articles on the theme of G20 by Arthashastra, Miranda House and AUES, Ashoka University. India’s diplomatic milestone, the G20 Summit 2023, has been able to successfully achieve consensus over several [...]

An Analysis Of The Economic Impact Of India’s G20 Presidency 

By Ekanshi Makheja ,Deputy Editor, Arthashastra and Prisha Visveswaran, Writer, AUES This is the second article in the trilogy of collaborative articles on the theme of G20 by Arthashastra, Miranda House and AUES, Ashoka University. Introduction:  The 2023 G20 New Delhi summit was the eighteenth meeting of the G20. It was held at Bharat Mandapam [...]

G20 and Gender Equality: A Roadmap to Women’s Economic Empowerment

By: Shreya Srikoti, Deputy Editor, Arthashastra and Kuhuo Bajaj, Writer, AUES This article is first in a series of collaborative articles on the theme of G20 by Arthashastra, Miranda House and AUES, Ashoka University. Introduction Gender equality has been a key focus of international discourse and policy-making for several decades. In the realm of global [...]

Is UBI the solution to the AI revolution?

A Utopian concept of receiving payment without working By Deputy Editor, Ekanshi Makheja UBI is a government scheme in which every person receives a regular fixed income. It is a scheme that does not require means-testing in the first place, i.e. it is typically intended to reach all with no conditions. It takes different forms [...]

Blasting the Bombast: Anti-Text Interrogates Text

By Annavajhula J C Bose, PhD Department of Economics, SRCC You have graduated in Chicagonomics—Chicago Free Market Economics. And you have interned for long with the centre-right American Enterprise Institute, which is worried about left-wing domination of Humanities and Social Sciences. In contrast, I belong to the neither pro-Left nor pro-Right Heterodox Academy. Our motto [...]

Know Your Economist: Dr. Gary Becker

By Gitika Arora, Editor-In-Chief Dr. Gary Becker was an instrumental economist with groundbreaking and defining contributions to the field. He was born on 2nd December 1930 amidst the dark shadows of the Great Depression. Becker got his PHD from University Of Chicago in 1955 under the renowned Nobel Prize Winner, Milton Friedman. Like Friedman, Becker [...]